UEMS

0.990

-0.04 (-3.9%)

OTHERS UEM SUNRISE BERHAD ("UEM SUNRISE" OR "COMPANY") PROPOSED ACQUISITION OF PT 67 HELD UNDER H.S.(D) 175392 MEASURING 36,615 SQUARE METRES OR APPROXIMATELY 9.05 ACRES IN SEKSYEN 40, BANDAR PETALING JAYA, THE DISTRICT OF PETALING, SELANGOR FROM KWASA PROPERTIES SDN BHD FOR A TOTAL PURCHASE PRICE OF RM155.0 MILLION

UEM SUNRISE BERHAD

Type Announcement
Subject OTHERS
Description
UEM SUNRISE BERHAD ("UEM SUNRISE" OR "COMPANY") 
PROPOSED ACQUISITION OF PT 67 HELD UNDER H.S.(D) 175392 MEASURING 36,615 SQUARE METRES OR APPROXIMATELY 9.05 ACRES IN SEKSYEN 40, BANDAR PETALING JAYA, THE DISTRICT OF PETALING, SELANGOR FROM KWASA PROPERTIES SDN BHD FOR A TOTAL PURCHASE PRICE OF RM155.0 MILLION

The Company’s announcement dated 6 June 2023 in relation to the Proposed Acquisition refers. Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the earlier announcement.


In relation to the Proposed Acquisition, the Company wishes to announce that today, it has received confirmation from the Vendor’s solicitor via letter dated 6 December 2023 that both the Purchaser and Vendor have fulfilled all conditions precedent for the sale and purchase agreement (“SPA”) in relation to the Proposed Acquisition. The unconditional date for the SPA was 5 December 2023.

 

This announcement is dated 7 December 2023.






Announcement Info

Company Name UEM SUNRISE BERHAD
Stock Name UEMS
Date Announced 07 Dec 2023
Category General Announcement for PLC
Reference Number GA1-07122023-00084